Crypto trading terminology


#1

Hi!

Here I will add some general trading terms which I may refer to in some of my articles, a glossary if you will.

Feel free to add terminology that you think may be useful!

Thanks
Sam R


#2

Market corrections - Corrections are generally temporary price declines interrupting an uptrend in the market. When your investment was going up and suddenly drops. They are usually a short duration, but a big cause of panic selling.


#3

Bounce - Think of this like a bouncy ball. It drops, and when it hits the floor it bounces straight back up. In trading, this means when your asset(coin) is on a downward trend and then it hits an old high point, which it uses as the floor, suddenly the price goes sharply back up.